Lower redemption of domestic debt this month compared to other months in the fiscal year has offered the Treasury an opportunity to close the deficit in its domestic borrowing target.
Domestic debt data compiled by Kestrel Capital shows that the expected redemption this month stands at Sh77.7 billion, which is lower than the Sh102.5 billion and Sh88 billion that matured in November and December and the Sh87.8 billion and Sh111.6 billion maturing in February and March 2018 respectively.
